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The     MARKSMAN
K J SOMAIYA INSTITUTE OF MANAGEMENT STUDIES & RESEARCH   VOL. 3| ISSUE VI| JANUARY‘13




      CROSS-                                      SWITCH

 hdsjdy                                                                      Page 10

   Word of
    Mouth
   Page 17




   Page 21                                                                   Page 23
EDITOR’S DESK
 Dear Readers,
 Welcome back to yet another exciting issue of your monthly dose
 of marketing, ‘The Marksman’! We would like to thank all our
 readers for the overwhelming response we receive time and again!
 We promise to keep you all entertained and well read for the whole
 of 2013!

 To begin with, reaching out to the consumers in spite of the
 numerous barriers they put up is the most difficult challenge for a
 brand. So how do they cross those barriers and market
 themselves successfully? Find out in our Cover Story on ‘Cross
 Switch’ marketing.

 Ever wondered why you instantly tend to use a brand
 recommended by your friend? It’s called the power of ‘Word-of-
 Mouth’ marketing which is our Special Story for this issue.

 Did you miss the most exciting marketing conference of the year?
 Catch a glimpse on what happened in the 8th SIMSR Global
 Marketing Conference in our rewind section!
 Go ahead and read some super stories in our regular section
 Tweets, a super review on ‘All Marketers Tell Stories’ by Seth
 Godin in our Bookworm section and many more interesting
 sections to look forward to!

 Read articles written by our very own readers! We would like to
 congratulate the winners of our article writing competition Deepa
 Sastry and Ghanendra Singh.

 We look forward to some suggestions from all our readers! Get in
 touch with us on Facebook and Twitter @marksmansimsr.
 So don’t wait! Flip this page NOW!


 Happy Reading !!
 Team – Marksman
 The Interface – The Marketing Club of SIMSR
01                                             JANUARY 2013
CONTENTS
TWEETS It’s all about AD-itude!    Hall-MARK Campaigns Brand MARK ive
  03              09                       07                05


            COVER STORY                           SPECIAL STORY




     CROSS - SWITCH MARKETING              WORD OF MOUTH MARKETING
                10                                   17


    TETE-A-TETE
                                        FEATURED ARTICLES
        27
                            Tata Group after Ratan Tata               …21

                            Brand Tendulkar : Will it sustain post his
      REWIND                retirement?                                …23
        25


      SquAreheaD              BOOKWORM                         BUZZ
          32                      31                            33

THE MARKSMAN
05                                                                 02
                                                          AUGUST 2012
TWEETS

                 Ready for its Corporate Fun Run



 In year 2008 Puma started its initiative named ‘ Urban stampede’ which is
 a running platform where various corporate teams compete against each
 other. This is a relay format which awards the fastest running corporate
 team which also acts as a team building exercise.

 Rajiv Mehta, MD, says “it is the only national running property in India”. He
 also adds that it is not a cut-throat competition but participants enjoy the
 race. The registrations for this event have started and PUMA expects some
 of the best companies on board.




03                                                      JANUARY 2013
TWEETS

                       India appoints Ignitee Digital for its social media campaign




  Photography equipment maker Fujifilm India has appointed Ignitee Digital
  for its social media and digital communication.

  Fujifilm hopes to get connected with the tech-savvy youth of India by
  providing them with more opportunities to get connected with the brand.
  Let’s see what value proposition will Fujifilm put forward to its customers
  with its ideas and Ignitee’s approach.




     Life OK dreams to rival against Star plus


   Life OK recently completed a year in December 2012 and holds around
   10 percent share in Hindi GEC market. Life Ok, which tried to have
   shows which are not only entertaining but also relevant with a social
   message, is intending to utilise outdoor marketing in year 2013’s
   strategies.
   Ajit Thakur, GM of Life OK said 'his biggest ambition is to rival Star
   Plus‘.




THE MARKSMAN                                                                  04
Brand MARK ive




     ThinkGeek is the eponymous
     reminder of all the brave souls
     who waged a war against thick,
     big books and stood out victorious.
     It is a name that shows the word
     ‘Geek’ in a completely new light.
     Let us think back and remember
     that the modern heroes are not the
     personalities for whom we brim
     with adulation as they stand facing
     the setting sun, their muscular
     silhouettes giving them the aura of   The idea to come up with
     Titans. The real heroes that we       something like this was
     admire today are the                  hatched by individuals who
                                           were at the helm of the internet
     ‘chaps-next-door’ with killer         revolution in the 90s. The
     determination    and   gritty         objective was to create a shop
     perseverance;      the kind           selling those products which
     which would make Superman             would appeal to individuals
     and Batman scurry                     whose imagination spawned
     back in the JLA                       great ideas and who had the
     Tower and start                       guts to put their ideas to test.
     testing themselves                    In short, it was meant for all
     for abnormalities.                    those people who have helped
     We are talking                        create THIS oh-so-convenient
                                           technology. (Which includes
     about the likes of Mark               this unscrupulously detailed
     Zuckerberg, Bill Gates et             program code that makes your
     al. ThinkGeek is a brand              screen look like it is showing
     name that represents that             text in English language!)
     very innovative intellect.




05                                               JANUARY 2013
Brand MARK ive

  ThinkGeek in an online shop
  serving the needs of people who
  are passionate about technology.
  What do you buy there? Well, here
  goes!    Their    shop      includes
  Chocolate Flavored envelopes
  with Note Cards, The Legend of
  Zelda Mints, Squirming Tentacle
  USB, Electronic Guitar T-Shirt
  (Which      can      actually     be
  strummed!), Assassin Creed’s
  Tomahawk,       Da Vinci Wood
  Catapult … and the list goes on.




                                         operating system in 1995
                                         transformed into this unique
                                         online shop 4 years later after
                                         implementing a multitude of
                                         ideas    and    brainstorming
                                         sessions.

                                         Today ThinkGeek remains a
                                         niche     organization     which
                                         employs 26 people and-
  This amazing online store is a         believe it or not- 2 dogs named
  subsidiary of VA Research, a           Cisco and Rangely. The
  company found in 1993 by 2             makers of ThinkGeek assert
  Stanford Graduates Larry Augustin      that these 2 “employees” are a
  and James Vera. The ThinkGeek          backup plan to ward off
  site however became public way         solicitors and also provide
  later in 1999. VA Research today       emotional      release    during
  is called Geeknet and is based in      “puppy play sessions”.
  Fairfax, Virginia. What started as
  an experiment in an Open source
  UNIX like



THE MARKSMAN                                                                06
Hall-MARK Campaigns

                                           &


A promotional campaign done by WALMART and MARS has come to highlight
because of its innovative style. This campaign put together a good cause with
promotional campaign and managed to connect with consumers effectively. The
interesting fact was that the target consumers influence the buyers only by
wagging their tails.

Yes, this campaign focused on dogs!




It served as an “edutainment” opportunity for pet owners and brought to light the
plight of stray dogs. The idea for the campaign was generated after an analysis
revealed that there were 90 million pet owners who shopped in Walmart but only
60% purchased pet food and 40% purchased pet supplies there. This presented
as a huge opportunity for both Walmart and Mars.

Mars Pet care is a Brussels based conglomerate which is most popular for its
dog food Pedigree. In fact Mars is the biggest pet care provider in the world with
presence in 50 countries and employing 33000 employees worldwide.



07                                                      JANUARY 2013
Hall-MARK Campaigns




                                   Walmart decided to come up with a campaign
                                   that not only highlighted Mars’ pet care
                                   business but also promoted both the brands
                                   as ‘Caring’.

                                   As a result, a shopper marketing campaign
                                   called ‘Pets Love Walmart’ was initiated
                                   whose core objective was to raise money to
                                   create shelters for stray pets.

                                   The campaign utilized print as well as digital
                                   media to reach out to consumers.



  In the first leg of the campaign, Walmart hosted a weekly event that educated
  shoppers about proper health care. In addition, all Pedigree packages
  comprised of a QR code that directly donated a bowl of food to a shelter. The
  code allowed shoppers to find ways of donating food to different pet shelters.

  This promotion enhanced Mars pet care sales by 25% and a survey also
  revealed that Walmart was indeed adjudged as a ‘caring brand’ and created
  a recall value when it came to pet care food.




THE MARKSMAN                                                                  08
It’s all about AD-itude

                                             MEDIA: TVC
                                          CLIENT: KURKURE
                                        CREATIVE AGENCY: JWT


Kurkure, known to be the perfect Indian namkeen snack was launched in 1999,
and is today identified as a new age crunchy snack, with the very well known
and funny tag line “Tedha hai par mera hai”. Its brand ambassadors so far have
been Juhi Chawla as well as Kareena Kapoor who are full of beans and they, in
the true sense, embody the vibrant and electrifying essence of Kurkure. The
journey now continues with Kurkure launching a brand new TV Commercial
introducing the new age Kurkure family that is dynamic, alive and energetic
and would connect with the youth of today. Parineeti Chopra, Kunal Kapoor,
Farida Jalal, Boman Irani, Ramya Krishnan, and Shivansh have been
introduced individually in teaser ad commercials which are currently on air.
This all new family kurkure ad commercial is
considered to be its biggest ad campaign till
date. The advertisement hopes to break
new ground by targeting multiple age
segments       simultaneously;    cementing
Kurkure’s standing as the “universal snack”.




                                             MEDIA: PRINT
                                         CLIENT: FEVER 104 FM
                                     CREATIVE AGENCY: BRANDS ON E


Fever 104 FM has come up with this vibrant and colourful print ad which sends
across a very useful message, “wherever you go, reach happy”. It has come up
with three print ads which aim to target the college going teen, the home maker
and the office going executive. The print ad is full of colours which makes it
extremely catchy. The message is that the 40 minutes of non-stop music help
you reach college, make breakfast or reach office taking the monotony away,
replacing it with a sense of refreshing vivacity and making the journey more
interesting.


09                                                    JANUARY 2013
CROSS                                SWITCH

                           DECIPHERING THE CODE
    “Cross-switch” is an approach- including strategies, tactics and tools to get
    through the barriers put up by the consumers and maximize the results of a
C   marketing campaign.
O                               FLIPPING THE SWITCH
V   In this day and age, businesses are struggling to get consumers to pay
    attention to their brands. It’s no longer enough to simply use multiple forms of
E   media to deliver the same message or campaign over and over. It’s easy for
    consumers to sift that out and likewise it fails to take advantage of the power
    of some other forms of media especially digital media.
R
    THE GROWING IMPORTANCE OF CROSS COMMUNICATION
    In this era of over flowing information consumers detach themselves from
    information if they feel it has nothing to do with them. Then , they put up what
S   we call an INFORMATION BARRIER.
    And to ensure that the message reaches the consumers “The Drawing Out
T   Approach” is used by presenting information that is intriguing, with which the
    consumer wants to become involved, unlike the traditional breaking in
O   approach

R
Y

     The consumer who has put                                The “Drawing out”
       up Information barrier                                    approach
    which forces consumers to pay attention to their marketing messages.
    Cross switch approach is a way to provide added value and create
    engagement with consumers and that’s a big part of where cross switch
    communication fits into today’s and tomorrow’s environment. It gives
    marketers powerful new ways to draw consumers out and make the more
    involved.
THE MARKSMAN                                                                     10
WHAT MAKES IT WORK
     The key to drawing consumers out
     from within their barriers is to
     create SCENARIOS that move the
     target.
     In this way the consumers take
     interest and actively seek out for
     information, and before they know
     it they are fans of the brand
     enjoying     an    active   brand
     experience leading to a purchase.
C
O
V
E
R

S
T
O
R
Y
                PUTTING CROSS SWITCH INTO PLAY: Real Cases
                          Nissin Food Products Ltd:
            CUP NOODLES ‘FREEDOM PROJECT’ PRODUCT PLACEMENT

     In 2006, Nissin, which sells a staggering 25 billion packs of noodles a year,
     had something special to do to celebrate Cup Noodles’ 35th Anniversary.

     Hence, the Freedom Project where Nissin tried to position the humble Cup
     as a symbol of freedom, since the pour-and-eat meal had "brought about a
     worldwide revolution in food culture."


11                                                      JANUARY 2013
Using campaigns which included a
    series of commercials and longer films,
    as well as posters and a range of
    multimedia elements, all based on an
    animated tale created by Katsuhiro
    Otomo, the legendary manga artist and
    anime director.

                                         The project was able to fulfill its
                                         objective of changing impression of
C                                        young      people    about     CUP
                                         NOODLES.
O
                                         Their image of actual ‘CUP
V                                        NOODLES’ product became both
                                         active and empathetic which was
E                                        indicated by consumers comments
                                         such as “feels lively”, “energetic” and
R                                        “always new”.
                     TOYOTA MOTOR CORPORATION:
                 “HARMONY FOR TOMORROW” CAMPAIGN
S                               CORPORATE SOCIAL RESPONSIBILITY
                                Cross switch approach is not just a sales
T                               promotion method to build short-term sales. It
                                can also be used for brand communication
O                               when the theme at first glance may be difficult
                                to follow.
R                               This strategy was used by Toyota’s CSR
                                campaign to achieve greater proliferation of
Y                               their activities.
     An integration of television commercials, the web magazine &
     advertisements, train station advertisements was incorporated to form
     paths along with distribution of digest versions of web magazines which
     led to the company establishing its goodwill and empathy with broader
     range of consumers.
                        Cross switch goes to America
                  The scion XD “Little Deviant” campaign
     Cross communication tactics were deployed for “Little Deviant” campaign
     where an array of innovative elements conveyed a sensational narrative to
     underscore the xD’s non-conformist personality.

THE MARKSMAN                                                                  12
xD was the aggressive five-door urban vehicle, the newest model from
     Scion. Through a series of outdoor spectaculars, print ads and TV spots
     the xD was personified using little deviants monsters. The story brought
     the audiences along for the ride on their website where they could
     navigate old school style games.




C
O
V                             Manga Magazines
          “Don’t Search !” – Jump Square Inaugural Issue campaign
E
     For many years, sales of Manga magazines had been driven by the
R    strength of their stories. This example of jump square however
     demonstrates that even in the case of a magazine that always had
     particularly strong content, sales volume could still be increased drastically
     by creating an advertising device to attract readers’ attention and draw
S    them out.

T    Challenging Environment
     In recent years the sales of Magazines have faded somewhat probably in
O    part due to the growth of internet, mobile phones and electronic gaming.
     This case is about a comic style magazine, which succeeded in gaining
R    extremely high sales in this age where magazines don’t sell as they used
     to. A totally innovative plan was sought for the advertising of Jump
Y    Square’s Inaugural Issue.

     The ‘Stay Away’ Message
     About three weeks before the release of the
     magazine, a rather dramatic and startling TVC
     was broadcasted where the words “Jump Square”
     appeared in an Internet Screen window, crossed
     out by an “X”, with an accompanying voice-over
     as follows: “This is a request. The inaugural issue
     of Jump Square will be released shortly , but
     please don’t search for “Jump Square” over the
     internet.

13                                                      JANUARY 2013
C   It is human nature to want to do what you are told not to do. Right?
O   The commercial caught interest of people and they began searching for the
    words “Jump Square”.
V    At first, all they saw was a text page with a “Request from the Editorial
    Division”. Seeing this the reaction of non-core members was predictable,
E   however the core readers , their reactions were opposite.
    When they saw the message they became even more convinced that there
R   is something wrong. They searched for the same words not once, twice but
    three times in a row. Finally, those readers were led to a hidden site that
    began with the message –

S   “We give Up”. We are just no match to your determination and enthusiasm.

T   Building the Buzz
O    Core readers quickly posted comments on blogs and other sites describing
    how they discovered the “hidden information”. In no time the discussions of
R   the hidden site spread like wildfire by the WOM on internet!

Y   Further WOM Tie-ins were created using mobiles phone sites and
    advertisements in Tokyo train stations. It didn’t stop there. The hidden site
    provided open access to mobile site, where the readers could view the
    entire manga story before the publication date, which said “Read one story
    from the Inaugural issue for free and pass it on to your friends ”Connecting
    all the pieces of promotions with their very unique TRAIN CAMPAIGN
    created a buzz which was irresistible.

    The readers could participate in the Manga Relay, where they could read
    every segment of the serial only by getting off the train at each station.


THE MARKSMAN                                                                  14
Results were evident with the comments-
                  “I read them all”
                  “I read it on Platform 4 at Shibuya Station”
       Once the campaign was underway, the information about the new Jump
       Square traveled by WOM from non core readers to prospective readers and
       further to friends and acquaintances.

       “Sold Out”
       The inaugural issue of Jump Square was released in November 2007. The
       original printing was set at 500,000 copies but the analogy was sold out and
C      a second printing of 100,000 copies was released later.

O      As a result of this campaign, we can say that it is safe to say that
       consumers actively and independently access information about
V      advertisements that catch their interest.

E      Cross communication in this case was very innovatively deployed, The
       consumers were drawn out from their information barriers by making
R      special tips and “ insider information” available person-to-person from core
       to manga fans, first by concealing the information and later rigging up its
       demand which corroborated the belief that there's nothing better than
       searching hidden information. Another idea was also confirmed that the
S      “information gap” between core and non core readers would lead to ripples
       and the information would pass from core to less interested readers.
T
O
R
Y
     The CROSS in Cross Switching- Is what makes it different
     On the basis of four elements, it is easy to solidify the contrast between the
     traditional media mix and Cross switching namely; Contact Point planning,
     breadth and depth , scenarios and Media insight.

     The Crucial difference between the two approaches of Integrated Marketing
     Communication and Cross Switching is that in cross switching the entire idea
     or the message is essentially a jigsaw which has to be pieced from different
     sources to complete the communication which the brand is trying to do.

15                                                      JANUARY 2013
IMC purely aims at using different media to communicate the same
     message in order to drive reinforcement of the key message in the minds of
     the consumer.


     Thus by using the same media , we can have a standard Push based
     communication plan which is the IMC or we can have the Cross Switch
     which will aim purely at creating a pull based impact .

     It’s effective when level of involvement is high as compared to low
     involvement , as then, the consumer would be straight away put to point of
C    purchase.

O
V
E
R

S
T
O                     WHEN SHOULD IT BE PUT TO USE
R   This approach works for brands with little news, for instance Brands that
    have undergone minor renovations, Brands in categories where differentiation
Y   is difficult.

    When it’s difficult to attract consumers interest in the brand, it becomes
    important to draw out a clear path that draws consumers out and this strategy
    is apt to achieve that goal which uses Core Idea as a key to create a scenario
    for effectively moving the target to action.

    This core idea is a campaign’s Central Theme, designed to capture
    consumer’s hearts, which expresses the allure, novelty and the power of the
    campaign in simple terms.



THE MARKSMAN                                                                    16
S
P
E
C                                            Her friend Anita from work came up
        Why Brands love
                                             to her one day and asked her,
I       those “Big Mouths”                   “Why do you look so stressed
                                             Lalitha. What’s the matter?” She
A    Lalitha, a 27 year old recently got     explained the anxiety she was
     recruited in one of the biggest         feeling because of moving away
L    MNCs as the HR Head in the              from home and her family and
     financial capital of India, Mumbai.     living in such a big city all by
S    Born and brought up in Darjeeling,      herself. Anita told her, “Hey, it’s
     Lalitha was going through a bit of      alright! This city can make anyone
T    a culture shock when she came to        feel lonely. I and a couple of friends
     live in Mumbai. The extremely fast      are going to spend our day off
O    paced life of this city was             tomorrow at the Sva Spa and
     beginning to give Lalitha the           Salon. It’s the best spa in this city
R    Heebie - jeebies. Being an              and a day spent there will get you
     introvert and it being her first time   all relaxed. You should join us.”
Y    in a big city like Mumbai, Lalitha      Lalitha instantly agreed since she
     started feeling a little left out.      needed some time off to pamper
                                             herself. The day after the visit to
                                             the Salon, Lalitha felt like a new
                                             person. She thanked Anita for this
                                             wonderful recommendation.


                                              + 5 Points for Sva Spa and Salon


17                                                          JANUARY 2013
SPECIAL STORY
Months passed by and Lalitha was now getting in tune with the hustle and bustle
of this city. Over the months, she had become good friends with her neighbours,
all of them within the same age group. Preeti, one of her neighbours, once came
over to her house and told Lalitha, “I went to see the movie Life of Pi yesterday. It
was a brilliantly made film and you should definitely not miss this one. But don’t
go to Cinemax in Wadala. The sound and the 3D effects of the theatre spoiled
my movie experience completely.”


      + 5 Points for Life of Pi                    -5 Points for CineMax


Being relatively new to this city, every time Lalitha was confused about
something like a good restaurant to eat at or a good place to shop from or a good
coffee place to go to and spend time alone at, she would turn to her friends,
colleagues or neighbours for a recommendation since she knew they would tell
her the right place to be at and the places to avoid. +5’s for all those good
recommendations and -5’s to all the bad ones!
So why exactly are we rating these places and giving them these points? It’s
nothing but what the marketers proudly call ‘Word-of-Mouth marketing’.


The oldest and the most precious form        their brand in any part of the country
of marketing for any company, Word-          could hamper their brand and affect
of-Mouth (WOM) marketing has grown           their sales.
to become an important part of the
marketing plan of a brand. Since its
inception in the form of Storytelling,
WOM marketing has become more
than just that. With the digital platform
becoming the ‘next big thing’,
consumers now have the power to
voice their opinions about the brands
that they use on various social
networking      websites,    over      the
telephone, via emails and various
other ways.
Brands are becoming increasingly
aware of this Empowered Consumer
and have therefore become very
cautious in every marketing move they
make. One bad thing said about


THE MARKSMAN                                                                     18
SPECIAL STORY
         So why is Word of Mouth marketing becoming so
          important especially in a country like India?

Indians are known to live in a very closely knit society. All the people living in one
locality may belong to different cultures yet when it comes to choosing a product
or a particular brand they listen closely to what the others living around them
have to say about those brands. Trust plays a very important role while choosing
any particular brand.
A ‘Brand’ for an Indian consumer represents a trust mark and guarantee for value
for money. Hence if recommended by a close friend, peer, colleague (word of
mouth), the consumer is more likely to choose that brand over others. A recent
survey showed that more than 70% of the consumers in India tend to consider
recommendations from their friends and colleagues before buying any brand.


Brands recognise the importance of the use of Social Media as
           a tool for Word-of-Mouth marketing


                                           We have come into a great era where a
                                           brand has moved from an intangible
                                           thing to a tangible and measurable
                                           entity as we enter into the digital age
                                           and the smart phones age. Increase in
                                           the use of the digital platforms and the
                                           use of smart phones has literally given
                                           the future of all the brands in the hands
                                           of the consumer. Hence, every brand
                                           recognises the importance of keeping
                                           their consumers happy and satisfied.
                                           Getting the feedback from their
                                           consumers has become as important
                                           as planning the right market strategy.
                                           And this is where social media plays a
                                           very important role. As rightly quoted
                                           by the famous Author Andy Sernovitz,
                                           ‘A happy customer is the greatest
                                           advertisement’


19                                                            JANUARY 2013
SPECIAL STORY
             Here’s how Word-of-mouth marketing
                    has evolved over the years


 Word of mouth 1.0                     Word of mouth 3.0
 Word of mouth used to revolve         More recently, brands have started to
 around the idea that one              put their business in the hands of the
 satisfied customer goes and           consumer. Affiliate selling has moved
 tells friends and family about the    from agencies pushing out links to
 service that he has received.         drive sales to consumers becoming
                                       the curators of their own websites.
                                       They      recommend       and    share
 Word of mouth 2.0                     products on a variety of platforms,
 Brands then capitalised on the        whether that is through virtual stores,
 potential of word of mouth            apps or online store fronts, and earn
 marketing by developing strategies    rewards, points and cash.
 to actively gain brand advocates
 and set up affiliate models of
 selling, rather than simply using
 paid-for advertising. The rise of
 online shopping, comparison and
 review sites, social media, and
 experiential marketing all helped
 the spread of word of mouth.


  So what is the future of
 Word-of-Mouth marketing               Also making use of the full potential
                                       of Social media, a brand can become
         in India?                     a consumer’s favourite in a matter of
                                       a few months. Even though newer
                                       and better ways of marketing have
 As long as the Indian consumers       been found a marketer should not
 continue to trust the opinions of     forget the effectiveness of something
 their friends and family for making   as     basic     as    Word-of-Mouth
 their purchase decisions, brands      marketing. After all life is all about
 will have to ensure that they keep    going back to your roots and this
 working hard towards gaining all      form of marketing is nothing but the
 those +5 points from every single     roots or as we like to call it the
 consumer that they come across.       beginning of marketing.


THE MARKSMAN                                                                20
FEATURED ARTICLES




If one was to relate these verses of Nishkam Karma Yoga from Bhagwad Gita to
contemporary corporate landscape, there would sure be a mention of Mr. Ratan
Tata, the doyen of Indian Business. Things were different when Ratan Tata was
handed down the baton of the Tata Group by JRD from what they are now when
he goes on to do the same to Cyrus Mistry. One thing that hasn’t changed – Tata
stepped into the shoes of a giant in 1991. His successor will do likewise.

When Ratan Tata took over the reins of group, he had the challenges of fire-
fighting the group’s satraps, coordinating and streamlining the diverse activities
of over hundred diverse holdings into a cohesive group in the turbulent times of
1991 economic liberalization and most importantly, reasserting the Tata
alchemy of values like trust and commitment. Though the succession was
fraught with various issues, his stellar performance as a leader and visionary
made the Group’s fortune grow over 20 times in his 20 years at the helm.

While the successor is the first in
the lineage to not have a Tata
surname, it’s all still in the family.
With the Jewel (Read: Ratan)
passing on the crown of the salt-to-
software conglomerate to his
successor Cyrus Mistry, the latter
sure has his task cut out for him.
Ratan     Tata    transformed     the    launching the world’s cheapest car,
respected, predominantly domestic        Nano on the other. With the leadership
Tata Group into an internationally       now changed, Mistry needs to
recognized House of Brands. The          strategize on holding firm the $100
enterprising chairman picked up the      billion business empire, the big getting
iconic Jaguar and Land Rover             bigger on account of over $20 billion of
marques on one hand, while               deals in 2000s by Ratan.


21                                                      JANUARY 2013
FEATURED ARTICLES

                                The ill-timed purchase of Corus, capital
                                locked up in a mega power project facing
                                coal supply issues, the telecom arm mired in
                                telecom industry’s regulation and price wars
                                of competitors and the ambitious cheapest
                                car project yet to strike the chord for revenue
                                realization will keep Mistry busy in
                                strengthening the top line. While the Corus
                                and JLR deal led to a $14 billion debt
 While the brand Tata is a      burden, Corus is financially a separate entity
 force to reckon with, there    from Tata Steel and hence the impact could
 is a need to read into the     be arrested. However, there is a need to
 numbers of the graphs          discipline flirting with ambitious takeovers in
                                times of volatile economic environment. The
                                slowdown in the West can have an
                                undesirable impact on Tata's revenues. In
                                this background, Tata Group may be seen
                                having lesser radical moves in the coming
                                decade than it did in the previous stint of
                                chairmanship.


                                to hold up the core values of trust, integrity
                                and commitment to community service. In the
                                harsh world of international competition, the
 Nevertheless, once the         group may face increased pressures to
 scene recovers in the long     relook the community aspect since
 term, there are various        businesses are there to generate profits for
 spheres where the new          its charitable trusts (Tata Sons) to distribute,
 Chairman could think of        rather than to be charities themselves.
 taking the Tata brand bigger   The task the new leadership faces is every
 like the Retail (Trent Ltd.,   bit as great as that faced by Ratan Tata
 Croma, Tata Starbucks and      when he first took office; he will have to
 Star Bazaar) and the           perform a delicate balancing act by building
 Aviation (there was a          on the values and reputation bequeathed,
 previous       unsuccessful    while at the same time translating those
 attempt of tie-up with         values into a tangible economic form of
 Singapore airlines) with FDI   business competitiveness. One can sure
 being       opened       up.   hope for the Tatas to keep going strong as
 Meanwhile, there is a need     ever, even without a Tata at the helm.


THE MARKSMAN
 25                                                                 22
                                                          January 2013
FEATURED ARTICLES




                      Brand Tendulkar:
            Will it sustain post his retirement
                                                   - Ghanendra Singh, IIM Indore
Sachin Tendulkar the name which does        attributes which have made this
not require any further introduction and    brand one of the most trusted brand
that has gone beyond cricket to such a      in the country and all over the world.
level that cricket has become religion in   His unquestionable ability and
India and Sachin is the only god of that    remarkable longevity has made him
religion. His iconic personality and        the face of more than 25 brands in
splendid performances took cricket to a     his 23 years career. He charges
whole new level and he was one of the       between 9-10 crores for one
reasons for a huge follower base for        endorsement, is currently earning
cricket in India. To be like him is the     around Rs. 200 crores annually
aspiration of many players and dream        through these endorsements and is
of many youngsters.                         holding around 17 endorsements
Every brand has its own core identity       products
and in Brand Tendulkar determination,
perseverance, durability, confidence,       So what will happen to Brand
maturity, excellence are the                Tendulkar, after his retirement?

                                            In short term, definitely there will be
                                            some impact on the brand
                                            Tendulkar as brand will pass
                                            through the repositioning phase.
                                            Earlier, brands which targeted
                                            youth and used attributes like
                                            energy and agility to attract the
                                            target group will lose their interest
                                            in brand Tendulkar and will go away
                                            but brands which stand for


23                                                      JANUARY 2013
FEATURED ARTICLES
 durability, tradition, excellence and are   endorsed brands and will get
 required to be trusted by consumers         converted into a niche brand. It will
 will rope in Tendulkar as their             develop the attributes of elegance,
 endorser. To associate with Brand           style, sophistication and great trust.
 Tendulkar, Companies will focus more        It will be the perfect choice for
 on his personal attributes and interests    companies which are perceived as
 and his past performances will no           premium and enjoy a high brand
 longer attract the marketers. For           value and strong brand equity in
 example, Sachin’s fondness for trendy       market. Although the number of
 cars, stylish watches and apparels is       endorsement per year will surely
 well known and companies based on           decrease but Tendulkar as a brand
 these kind of products will try to cash     will strengthen its place in the
 in on the opportunity.                      market.
                                             One more dimension which is also
                                             interesting and will impact the Brand
                                             Tendulkar in the long run is the
                                             stance he will take, after retiring from
                                             all formats of cricket. Will he remain
                                             attached to cricket by way of other
                                             roles like commentator, umpire or
                                             coach or will we see him in the
                                             parliament as our leader or will we
                                             see him as a social worker or does
                                             he have other plans. So Brand
 In long term the brand will pass            Tendulkar still depends on him and
 through the transition phase from           his future steps will decide his brand
 young, energetic brand to credible,         position in a better way.
 reliable and classy brand. As his fans      Definitely with time Brand Tendulkar
 and followers will not be able to see       will sustain and will maintain the
 him regularly as he would not be            aura around it. And with time it will
 accessible to the public as he was          be able to convert itself into a
 earlier, the only way people can            premium personality brand.
 consume this brand will be through
 interviews, guest appearances in
 cricket      matches      and     brand
 endorsements. This will create a huge
 opportunity for different brands to use
 this iconic brand.
 With time Tendulkar as a brand will
 stand out from rest of the sportsman


THE MARKSMAN                                                                       24
REWIND
                             8TH SIMSR
                       Global Marketing Conference
The 8th SIMSR Global Marketing Conference was conducted by SIMSR, in
collaboration with its academic partners- College Of Business & Public
Administration California State University San Bernardino, USA; Xiamen University
China; The Management University of Africa.

It was a two day marketing fiesta held on the 4th and 5th of January 2013.This
marketing conclave played host to industry czars and academicians and research
scholars who shared their papers on diverse subjects. The theme this year was
“Marketing Metamorphosis Transforming Lives … Nurturing Lifestyles”, equating
marketing to the butterfly effect, where an insignificant action may actually
snowball into great extraordinary results.




A dance video from Korea reached millions of viewers and turn into an
incomprehensible hit, social networking media emerged from just being networking
sites. All these changes were what we need to adapt to with an evolving change in
the dynamic marketing arena.

DAY I – Day one began with the Keynote Speaker Shri Sameer Satpathy, Vice
President, Marketing, Marico India and Shri Tarun Chauhan, Managing Partner,
JWT, Mumbai, who shared inaugurated the events and their worldly insights. Soon
we moved onto our tracks which consisted of various themes like Social Media, E-
Commerce, Retail Management, Consumer Behavior, Integrated Marketing
Communications and many more. The researcher presenters ranged from
professors, to students to academicians.




25                                                     JANUARY 2013
REWIND




DAY II - The second day was abuzz with a few more tracks to go and the much
awaited panel discussion.

The panel discussion was graced by revered panelist from across diverse fields
like
 Mr Sanjay Arun Kawale - Marketing Group,
 Senior Expert, Director of ZTE India Wire line
 Mrs. Feng Yuan - ICBC Bank, Mumbai Branch
 Mr Shui Bo - China Shipping India Pvt Ltd
 Dr Satyendra Upadhyay - Consultant ( India China Trade Relations ) &
  Professor of Chinese Language
 Mr Sanjiv Sarin : Regional President of South Asia, Tata Global Beverages
  Limited, Bengaluru, India
 Mr Sudhakar Desai : Vice President – Risk Management & Director Bunge
  International.

The main theme for the Panel Discussion was Doing Business in Asia, where our
respected guests shared their opinions on the future of marketing the contrast
and as well the similarities between the Asian markets.

It highlighted various changes that marketing will witness and how we need to
adapt ourselves to it.

These two days were packed with learning’s and wisdom shared by all a part of
this event. There was never a dull moment with panel discussions, presentations,
lectures and think tanks help our gain meaningful vision.




THE MARKSMAN                                                                 26
TETE-A-TETE


                     Corporate Interaction With

                         Mr. Ajay Rawal
                  National Marketing Head,
            JK Ansell , a Raymonds Group Venture

 Mr. Ajay Rawal has a unique combination of
 Rx, OTC and FMCG experience helpful in
 fostering implementation of customer-centric
 and      growth-driven      brand   development
 initiatives to fortify business He is recognized
 for boosting sales and bottom-lines. He has
 been awarded several times for creative
 thinking and superior results. He has launched
 well known brands with FMCG orientation. His
 prior experience includes working with
 companies like Paras Pharma, Novartis, IPCA
 Laboratories, Lupin Laboratories etc.

He is currently the national marketing head with J K Ansell, a
Raymonds Group Venture. He recently visited K.J.Somaiya Institute of
Management Studies and Research and gave us his useful insights
into the world of Marketing. Here are a few excerpts from his interview:


 How has your professional journey been so far?


 That is a very interesting question to answer from where I am today. I started
 my career in sales in 90s. It was by sheer serendipity that I landed into a sales
 assignment at Lupin Laboratories



27                                                     JANUARY 2013
TETE-A-TETE

  It was then, when I happened to see the brand managers coming in for
  meetings, that I realized that I could do something more than mere sales
  and I inquired my chances of enteringinto a marketing assignment as it
  looked very glamorous to me then; which it isn’t now.

   Today I would say that it is extremely essential for each one of us to
  realize what one is passionate about, it is important to understand your
  SWOT analysis before venturing into a new arena. Perhaps this one thing
  is not really taught in the institutes. Following my passion, I pursued my
  MBA and then my 1st assignment was with IPCA Laboratories in
  prescription marketing. Marketing after sales helped me appreciate better,
  while making strategies how would you actually implement it in the market
  through the sales force. You need to have a proper understanding about
  how all the partners in the channel work.
   I then delved into consumer marketing (OTC). Then a major tenure of my
  career was at Novartis wherein I had an opportunity to launch Calcium
  Sandoz woman right from the scratch, right from the idea of the brand to
  the packaging. After which I launched Calcium Sandoz soft chew, wherein
  the challenge was to enable kids to consume the tablets. For all practical
  purposes there are two factors which work, how do you enhance the
  penetration and the number of people who consume your brand multiplied
  by consumption.
  I then had an interesting stint with PARAS pharmaceuticals which has
  brands like moov, itchguard, setwet, livon, krack etc. And in just three
  years and a half we really enhanced the business value by almost 200%
  returns in 30 months wherein moov was one of the brands to touch a value
  of 100 crores in 2 years from a value of 68 crores which I had taken up as
  a personal objective. According to me, this would be an interesting case
  study. I then moved to Mumbai with J K Ansellwhich is into the medical as
  well as consumer business, the entity being a 50-50 JV between
  Raymonds and Ansell of Australia, a leader in barrier protection globally.

  The major brand that we have is Kamasutra Condom and KS Deodorants.
  What is surprising to note is that our business of deodorants is actually
  larger than the condom business, the way the line has grown. We have
  grown our products with a belief “experiencing is believing”. Apart from
  this, I teach courses like Brand Management, OTC, CRM in various B-
  schools. Well, that is about my journey.




THE MARKSMAN                                                                   28
TETE-A-TETE

     What are the factors that you look into before diversifying into a totally new
     arena?


 The 1st and most important research perspective is whether the category
 would be received well by the consumers or not. However the other
 perspective is that research is always under test conditions. So, many a
 times research might not be the perfect solution. For instance, when the
 concept of ATM machine was checked with consumers, it was an outright
 failure! So, research is not the only solution, customer understanding is
 paramount.

 I would say that there are five basic pillars herein. The 1st being product
 formulation, you should be able to give the consumer what they really desire.
 2nd would be understanding the consumer psychology, whether the brand of
 the product would be received well by them. 3rd and the most critical pillar
 would be distribution ability. For instance, India has 85 lac FMCG outlets out
 of which there are 42 lac grocers, 19 lac pan plus outlets and 5 lac chemists.
 So, the challenge is how far can you effectively reach and distribute.

  The 4th pillar is the sales force as there is a cost for everything. And last but
 not the least is the level of advertisement as everything starts with
 awareness. Keeping the mentioned points in mind and given the differences
 between Raymonds and K S Energy Drinks, what unites us are our core
 values. We believe that anything that encompasses our core values can be
 launched. Keeping this in mind we have recently launched K S Energy Drinks
 currently available in four cities i.e. Mumbai, Pune, Hyderabad and
 Bangalore.

  I would say that it is not a competition to Red Bull and the others but is
 instead creating a niche segment. We have got a good understanding and
 have developed a very good product. According to me it is the best
 packaging available as far as any energy drink is concerned globally.


 According to you, is sales a pre requisite to marketing?

In marketing you have to devise a strategy and then implement the strategy. An
interesting analogy that I would like to quote is that you read a book and jump
into the swimming pool.


29                                                         JANUARY 2013
TETE-A-TETE

 Or, you go through a process of learning how to float, moving your legs and
 learning over a couple of days. So, getting into marketing right away is the 1st
 one and getting into marketing after sales is the 2nd one. The reason is simple.
 You 1st need to understand how the sales force works, what is the type of
 market, what are the retailer’s norms and demands and what is the manner in
 which the distributor works. Without this basic information the chances of
 success are bleak.



 How much of the marketing concepts that we are taught in the class room
 actually used in the industry?



 They are definitely used however it depends on the endeavour of the people
 in the industry to use those concepts. For instance the BDI / CDI analysis,
 PLC, BCG Matrix etc. enable you to appreciate various marketing
 parameters. So, there is definitely some relevance. However what is
 unfortunate is that a lot of people do not really devote their time and effort as
 they take these concepts for granted. Though the executive judgement
 method would still be the sole determinant but the concepts always play a
 vital role in any organization.



 What is the message that you would like to convey to the marketing
 aspirants in college?



 There are two basic factors I would like to stress on. 1st and foremost being
 what is it that you really want to do. What is the nature of work that you
 would be very keen to do? As glamorous as marketing seems to be, actually
 it might not be so. Secondly, marketing is actually a left brain and right brain
 opportunity. Hence you need to be both, analytical as well as creative. It is
 important that you do a SWOT analysis of yourself that would help you
 appreciate your strengths and weaknesses.




THE MARKSMAN                                                                         30
BOOKWORM
                                TWEETS
                           All Marketers Tell Stories
                                  By Seth Godin

This book which comes from the marketing guru and entrepreneur, Seth
Godin,was a 2005 release, in which he says how all marketers lie and the more
believable ones are those who actually sell their product. The author has been
a regular blogger and has popular insights about marketing.
The idea for this book came to him during the 2004 US presidential elections.
He states that both the sides spun lies, however, the more believable ones
won. His holistic view on marketing is that if you want to promote your product
or service in this environment where television marketing radio marketing if
there are not working since it’s a amass media marketing tools. Seth talks
about the idea that in order to differentiate your product, you need to weave a
great story to sell your product.
Here you don’t need to focus on the product features and benefits. Some of the
examples that he uses are 80,000 Porsche, it’s the same exact car as a 30000
Volkswagen , but the reason people buy it is because of the story frame
surrounding it. Great stories and not ideas, features and benefits are what
spread from person to person, people like to tell stories and not product and
features.
The next idea is of a world view. When you think of mass marketing they are
not focusing on individual world view, and that’s why today in this environment
when we have so many choices, we need to focus on individuals. Then
ironically he talks about authenticity, where he says that if you are going to tell
a great story marketers need to stick to it, thereby moving from a fib to fraud.
This book will help you and will impart a lot of information. This 210 pages book
is a quick read to impact a business and will help in this eclectic marketing
environment. It has a persuasive story with vivid examples .This is for a
marketer looking to differentiate his story and understand his customers better.




31                                                       JANUARY 2013
SquAreheaD




THE MARKSMAN                32
BUZZ
      THE CROSSWORD                                              ACROSS
                                                   1. What is the name of the travel
                                                   guide, anyone can edit, started by
                                                   Wikipedia ?
                                                   3. Which brand has become the
                                                   world’s largest selling PC brand by
                                                   beating HP ?
                                                   4. Name this legendary music retail
                                                   brand which was opened on London’s
                                                   Oxford Street by Edward Elgar in
                                                   1921. It is about to be closed down.
                                                   7. Dialogues from which Tarantino
                                                   movie have inspired the words of the
                                                   Idea jingle “u r my pumpkin,
                                                   pumpkin, hunny bunny” ?



           THE CLUES
                                                                   DOWN

                                                   1. Name the oldest Swiss bank shut
                                                   down recently.
                                                   2. Which is the worlds largest PR
                                                   firm, headquartered in London ?
                                                   5. Which Indian company has been
                                                   nominated for the notorious Public
                                                   Eye Awards for worst company
                                                   worldwide for protection of human
                                                   rights and environment ?
                                                   6. India’s first sugar plant was set up
                                                   in 1842 in Nellikuppam, Tamil Nadu.
                                                   Which company owns this plant now
                                                   ?
                                                   8. From which company has Soft and
                                                   Gentle brand been acquired by
     8. Colgate     6. EIDParry    7.PulpFiction   Godrej in UK ?
     5. CoalIndia   3. Lenovo      4. HMV
     2. Edelman     1A. Wikivoyage 1D. Wegelin




33                                                           JANUARY 2013
CALL FOR ARTICLES
          February 2013
   Articles can be sent on any one of the following topics*:


         1. RIM rebrands to BlackBerry with launch of BlackBerry
            10 : How does the future look?
         2. The Graph search - Facebook's intelligent step
         3. Is creativity losing its edge on the data driven
            marketing today?

   *Please ensure that there is no plagiarism and all
   references are clearly mentioned
       1. One article can have only one author.
       2. Your article should be from 500-600 words and
          MUST be replete with relevant pictures that
          can be used to enhance your article.
       3. Send in your articles in .doc/.docxformat with
          font size 11 (Arial) to:
          interface.newsletter@gmail.com
       4. Subject Line: Your
          Name_InstituteName_CourseYear.
       5. Kindly name your file as: Your Name_Topic
   The best adjudged article will be given a winner's
   certificate. Deadline for submission of the articles: 11:59
   PM , 20 January 2013.



THE MARKSMAN                                                     34
To subscribe to "The Marksman", Follow the link:-http://interfacesimsr.com/the-
                               marksman.html

        OR drop in a mail/contact us at : interface.newsletter@gmail.com
         Subject line: Subscribe: Your Name_Institute Name_Course Year

                             THE TEAM
        COVER STORY             SPECIAL STORY         It’s all about AD-itude
            Richa Garg              Meeta Khatri               Priyam Prasad


         SquAreheaD            Brand MARK ive                  BOOKWORM
       Tavishi Agrawal             Vivek Misra                 Smriti Sudish


             TWEETS                        BUZZ               PROMOTIONS
       Mandar Dongre              Nishant Singla              Nishant Singla
                                                             Mandar Dongre


           Hall-MARK              PROOF READ                     DESIGNING
           Campaigns               Roma Sehgal                     Richa Garg
          Vivek Misra                                           Divya Damera
                                       REWIND                   Nishant Singla
                                    Smriti Sudish
                                                                  TETE-a-TETE
                                                                Priyam Prasad


Follow us at:                                                             Website:
http://www.facebook.com/simsr.interface             http://interfacesimsr.com/the-
https://twitter.com/Marksmansimsr                                  marksman.html
http://interfacenewsletter.wordpress.com

35                                                      JANUARY 2013

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The marksman january_2013

  • 1. The MARKSMAN K J SOMAIYA INSTITUTE OF MANAGEMENT STUDIES & RESEARCH VOL. 3| ISSUE VI| JANUARY‘13 CROSS- SWITCH hdsjdy Page 10 Word of Mouth Page 17 Page 21 Page 23
  • 2. EDITOR’S DESK Dear Readers, Welcome back to yet another exciting issue of your monthly dose of marketing, ‘The Marksman’! We would like to thank all our readers for the overwhelming response we receive time and again! We promise to keep you all entertained and well read for the whole of 2013! To begin with, reaching out to the consumers in spite of the numerous barriers they put up is the most difficult challenge for a brand. So how do they cross those barriers and market themselves successfully? Find out in our Cover Story on ‘Cross Switch’ marketing. Ever wondered why you instantly tend to use a brand recommended by your friend? It’s called the power of ‘Word-of- Mouth’ marketing which is our Special Story for this issue. Did you miss the most exciting marketing conference of the year? Catch a glimpse on what happened in the 8th SIMSR Global Marketing Conference in our rewind section! Go ahead and read some super stories in our regular section Tweets, a super review on ‘All Marketers Tell Stories’ by Seth Godin in our Bookworm section and many more interesting sections to look forward to! Read articles written by our very own readers! We would like to congratulate the winners of our article writing competition Deepa Sastry and Ghanendra Singh. We look forward to some suggestions from all our readers! Get in touch with us on Facebook and Twitter @marksmansimsr. So don’t wait! Flip this page NOW! Happy Reading !! Team – Marksman The Interface – The Marketing Club of SIMSR 01 JANUARY 2013
  • 3. CONTENTS TWEETS It’s all about AD-itude! Hall-MARK Campaigns Brand MARK ive 03 09 07 05 COVER STORY SPECIAL STORY CROSS - SWITCH MARKETING WORD OF MOUTH MARKETING 10 17 TETE-A-TETE FEATURED ARTICLES 27 Tata Group after Ratan Tata …21 Brand Tendulkar : Will it sustain post his REWIND retirement? …23 25 SquAreheaD BOOKWORM BUZZ 32 31 33 THE MARKSMAN 05 02 AUGUST 2012
  • 4. TWEETS Ready for its Corporate Fun Run In year 2008 Puma started its initiative named ‘ Urban stampede’ which is a running platform where various corporate teams compete against each other. This is a relay format which awards the fastest running corporate team which also acts as a team building exercise. Rajiv Mehta, MD, says “it is the only national running property in India”. He also adds that it is not a cut-throat competition but participants enjoy the race. The registrations for this event have started and PUMA expects some of the best companies on board. 03 JANUARY 2013
  • 5. TWEETS India appoints Ignitee Digital for its social media campaign Photography equipment maker Fujifilm India has appointed Ignitee Digital for its social media and digital communication. Fujifilm hopes to get connected with the tech-savvy youth of India by providing them with more opportunities to get connected with the brand. Let’s see what value proposition will Fujifilm put forward to its customers with its ideas and Ignitee’s approach. Life OK dreams to rival against Star plus Life OK recently completed a year in December 2012 and holds around 10 percent share in Hindi GEC market. Life Ok, which tried to have shows which are not only entertaining but also relevant with a social message, is intending to utilise outdoor marketing in year 2013’s strategies. Ajit Thakur, GM of Life OK said 'his biggest ambition is to rival Star Plus‘. THE MARKSMAN 04
  • 6. Brand MARK ive ThinkGeek is the eponymous reminder of all the brave souls who waged a war against thick, big books and stood out victorious. It is a name that shows the word ‘Geek’ in a completely new light. Let us think back and remember that the modern heroes are not the personalities for whom we brim with adulation as they stand facing the setting sun, their muscular silhouettes giving them the aura of The idea to come up with Titans. The real heroes that we something like this was admire today are the hatched by individuals who were at the helm of the internet ‘chaps-next-door’ with killer revolution in the 90s. The determination and gritty objective was to create a shop perseverance; the kind selling those products which which would make Superman would appeal to individuals and Batman scurry whose imagination spawned back in the JLA great ideas and who had the Tower and start guts to put their ideas to test. testing themselves In short, it was meant for all for abnormalities. those people who have helped We are talking create THIS oh-so-convenient technology. (Which includes about the likes of Mark this unscrupulously detailed Zuckerberg, Bill Gates et program code that makes your al. ThinkGeek is a brand screen look like it is showing name that represents that text in English language!) very innovative intellect. 05 JANUARY 2013
  • 7. Brand MARK ive ThinkGeek in an online shop serving the needs of people who are passionate about technology. What do you buy there? Well, here goes! Their shop includes Chocolate Flavored envelopes with Note Cards, The Legend of Zelda Mints, Squirming Tentacle USB, Electronic Guitar T-Shirt (Which can actually be strummed!), Assassin Creed’s Tomahawk, Da Vinci Wood Catapult … and the list goes on. operating system in 1995 transformed into this unique online shop 4 years later after implementing a multitude of ideas and brainstorming sessions. Today ThinkGeek remains a niche organization which employs 26 people and- This amazing online store is a believe it or not- 2 dogs named subsidiary of VA Research, a Cisco and Rangely. The company found in 1993 by 2 makers of ThinkGeek assert Stanford Graduates Larry Augustin that these 2 “employees” are a and James Vera. The ThinkGeek backup plan to ward off site however became public way solicitors and also provide later in 1999. VA Research today emotional release during is called Geeknet and is based in “puppy play sessions”. Fairfax, Virginia. What started as an experiment in an Open source UNIX like THE MARKSMAN 06
  • 8. Hall-MARK Campaigns & A promotional campaign done by WALMART and MARS has come to highlight because of its innovative style. This campaign put together a good cause with promotional campaign and managed to connect with consumers effectively. The interesting fact was that the target consumers influence the buyers only by wagging their tails. Yes, this campaign focused on dogs! It served as an “edutainment” opportunity for pet owners and brought to light the plight of stray dogs. The idea for the campaign was generated after an analysis revealed that there were 90 million pet owners who shopped in Walmart but only 60% purchased pet food and 40% purchased pet supplies there. This presented as a huge opportunity for both Walmart and Mars. Mars Pet care is a Brussels based conglomerate which is most popular for its dog food Pedigree. In fact Mars is the biggest pet care provider in the world with presence in 50 countries and employing 33000 employees worldwide. 07 JANUARY 2013
  • 9. Hall-MARK Campaigns Walmart decided to come up with a campaign that not only highlighted Mars’ pet care business but also promoted both the brands as ‘Caring’. As a result, a shopper marketing campaign called ‘Pets Love Walmart’ was initiated whose core objective was to raise money to create shelters for stray pets. The campaign utilized print as well as digital media to reach out to consumers. In the first leg of the campaign, Walmart hosted a weekly event that educated shoppers about proper health care. In addition, all Pedigree packages comprised of a QR code that directly donated a bowl of food to a shelter. The code allowed shoppers to find ways of donating food to different pet shelters. This promotion enhanced Mars pet care sales by 25% and a survey also revealed that Walmart was indeed adjudged as a ‘caring brand’ and created a recall value when it came to pet care food. THE MARKSMAN 08
  • 10. It’s all about AD-itude MEDIA: TVC CLIENT: KURKURE CREATIVE AGENCY: JWT Kurkure, known to be the perfect Indian namkeen snack was launched in 1999, and is today identified as a new age crunchy snack, with the very well known and funny tag line “Tedha hai par mera hai”. Its brand ambassadors so far have been Juhi Chawla as well as Kareena Kapoor who are full of beans and they, in the true sense, embody the vibrant and electrifying essence of Kurkure. The journey now continues with Kurkure launching a brand new TV Commercial introducing the new age Kurkure family that is dynamic, alive and energetic and would connect with the youth of today. Parineeti Chopra, Kunal Kapoor, Farida Jalal, Boman Irani, Ramya Krishnan, and Shivansh have been introduced individually in teaser ad commercials which are currently on air. This all new family kurkure ad commercial is considered to be its biggest ad campaign till date. The advertisement hopes to break new ground by targeting multiple age segments simultaneously; cementing Kurkure’s standing as the “universal snack”. MEDIA: PRINT CLIENT: FEVER 104 FM CREATIVE AGENCY: BRANDS ON E Fever 104 FM has come up with this vibrant and colourful print ad which sends across a very useful message, “wherever you go, reach happy”. It has come up with three print ads which aim to target the college going teen, the home maker and the office going executive. The print ad is full of colours which makes it extremely catchy. The message is that the 40 minutes of non-stop music help you reach college, make breakfast or reach office taking the monotony away, replacing it with a sense of refreshing vivacity and making the journey more interesting. 09 JANUARY 2013
  • 11. CROSS SWITCH DECIPHERING THE CODE “Cross-switch” is an approach- including strategies, tactics and tools to get through the barriers put up by the consumers and maximize the results of a C marketing campaign. O FLIPPING THE SWITCH V In this day and age, businesses are struggling to get consumers to pay attention to their brands. It’s no longer enough to simply use multiple forms of E media to deliver the same message or campaign over and over. It’s easy for consumers to sift that out and likewise it fails to take advantage of the power of some other forms of media especially digital media. R THE GROWING IMPORTANCE OF CROSS COMMUNICATION In this era of over flowing information consumers detach themselves from information if they feel it has nothing to do with them. Then , they put up what S we call an INFORMATION BARRIER. And to ensure that the message reaches the consumers “The Drawing Out T Approach” is used by presenting information that is intriguing, with which the consumer wants to become involved, unlike the traditional breaking in O approach R Y The consumer who has put The “Drawing out” up Information barrier approach which forces consumers to pay attention to their marketing messages. Cross switch approach is a way to provide added value and create engagement with consumers and that’s a big part of where cross switch communication fits into today’s and tomorrow’s environment. It gives marketers powerful new ways to draw consumers out and make the more involved. THE MARKSMAN 10
  • 12. WHAT MAKES IT WORK The key to drawing consumers out from within their barriers is to create SCENARIOS that move the target. In this way the consumers take interest and actively seek out for information, and before they know it they are fans of the brand enjoying an active brand experience leading to a purchase. C O V E R S T O R Y PUTTING CROSS SWITCH INTO PLAY: Real Cases Nissin Food Products Ltd: CUP NOODLES ‘FREEDOM PROJECT’ PRODUCT PLACEMENT In 2006, Nissin, which sells a staggering 25 billion packs of noodles a year, had something special to do to celebrate Cup Noodles’ 35th Anniversary. Hence, the Freedom Project where Nissin tried to position the humble Cup as a symbol of freedom, since the pour-and-eat meal had "brought about a worldwide revolution in food culture." 11 JANUARY 2013
  • 13. Using campaigns which included a series of commercials and longer films, as well as posters and a range of multimedia elements, all based on an animated tale created by Katsuhiro Otomo, the legendary manga artist and anime director. The project was able to fulfill its objective of changing impression of C young people about CUP NOODLES. O Their image of actual ‘CUP V NOODLES’ product became both active and empathetic which was E indicated by consumers comments such as “feels lively”, “energetic” and R “always new”. TOYOTA MOTOR CORPORATION: “HARMONY FOR TOMORROW” CAMPAIGN S CORPORATE SOCIAL RESPONSIBILITY Cross switch approach is not just a sales T promotion method to build short-term sales. It can also be used for brand communication O when the theme at first glance may be difficult to follow. R This strategy was used by Toyota’s CSR campaign to achieve greater proliferation of Y their activities. An integration of television commercials, the web magazine & advertisements, train station advertisements was incorporated to form paths along with distribution of digest versions of web magazines which led to the company establishing its goodwill and empathy with broader range of consumers. Cross switch goes to America The scion XD “Little Deviant” campaign Cross communication tactics were deployed for “Little Deviant” campaign where an array of innovative elements conveyed a sensational narrative to underscore the xD’s non-conformist personality. THE MARKSMAN 12
  • 14. xD was the aggressive five-door urban vehicle, the newest model from Scion. Through a series of outdoor spectaculars, print ads and TV spots the xD was personified using little deviants monsters. The story brought the audiences along for the ride on their website where they could navigate old school style games. C O V Manga Magazines “Don’t Search !” – Jump Square Inaugural Issue campaign E For many years, sales of Manga magazines had been driven by the R strength of their stories. This example of jump square however demonstrates that even in the case of a magazine that always had particularly strong content, sales volume could still be increased drastically by creating an advertising device to attract readers’ attention and draw S them out. T Challenging Environment In recent years the sales of Magazines have faded somewhat probably in O part due to the growth of internet, mobile phones and electronic gaming. This case is about a comic style magazine, which succeeded in gaining R extremely high sales in this age where magazines don’t sell as they used to. A totally innovative plan was sought for the advertising of Jump Y Square’s Inaugural Issue. The ‘Stay Away’ Message About three weeks before the release of the magazine, a rather dramatic and startling TVC was broadcasted where the words “Jump Square” appeared in an Internet Screen window, crossed out by an “X”, with an accompanying voice-over as follows: “This is a request. The inaugural issue of Jump Square will be released shortly , but please don’t search for “Jump Square” over the internet. 13 JANUARY 2013
  • 15. C It is human nature to want to do what you are told not to do. Right? O The commercial caught interest of people and they began searching for the words “Jump Square”. V At first, all they saw was a text page with a “Request from the Editorial Division”. Seeing this the reaction of non-core members was predictable, E however the core readers , their reactions were opposite. When they saw the message they became even more convinced that there R is something wrong. They searched for the same words not once, twice but three times in a row. Finally, those readers were led to a hidden site that began with the message – S “We give Up”. We are just no match to your determination and enthusiasm. T Building the Buzz O Core readers quickly posted comments on blogs and other sites describing how they discovered the “hidden information”. In no time the discussions of R the hidden site spread like wildfire by the WOM on internet! Y Further WOM Tie-ins were created using mobiles phone sites and advertisements in Tokyo train stations. It didn’t stop there. The hidden site provided open access to mobile site, where the readers could view the entire manga story before the publication date, which said “Read one story from the Inaugural issue for free and pass it on to your friends ”Connecting all the pieces of promotions with their very unique TRAIN CAMPAIGN created a buzz which was irresistible. The readers could participate in the Manga Relay, where they could read every segment of the serial only by getting off the train at each station. THE MARKSMAN 14
  • 16. Results were evident with the comments- “I read them all” “I read it on Platform 4 at Shibuya Station” Once the campaign was underway, the information about the new Jump Square traveled by WOM from non core readers to prospective readers and further to friends and acquaintances. “Sold Out” The inaugural issue of Jump Square was released in November 2007. The original printing was set at 500,000 copies but the analogy was sold out and C a second printing of 100,000 copies was released later. O As a result of this campaign, we can say that it is safe to say that consumers actively and independently access information about V advertisements that catch their interest. E Cross communication in this case was very innovatively deployed, The consumers were drawn out from their information barriers by making R special tips and “ insider information” available person-to-person from core to manga fans, first by concealing the information and later rigging up its demand which corroborated the belief that there's nothing better than searching hidden information. Another idea was also confirmed that the S “information gap” between core and non core readers would lead to ripples and the information would pass from core to less interested readers. T O R Y The CROSS in Cross Switching- Is what makes it different On the basis of four elements, it is easy to solidify the contrast between the traditional media mix and Cross switching namely; Contact Point planning, breadth and depth , scenarios and Media insight. The Crucial difference between the two approaches of Integrated Marketing Communication and Cross Switching is that in cross switching the entire idea or the message is essentially a jigsaw which has to be pieced from different sources to complete the communication which the brand is trying to do. 15 JANUARY 2013
  • 17. IMC purely aims at using different media to communicate the same message in order to drive reinforcement of the key message in the minds of the consumer. Thus by using the same media , we can have a standard Push based communication plan which is the IMC or we can have the Cross Switch which will aim purely at creating a pull based impact . It’s effective when level of involvement is high as compared to low involvement , as then, the consumer would be straight away put to point of C purchase. O V E R S T O WHEN SHOULD IT BE PUT TO USE R This approach works for brands with little news, for instance Brands that have undergone minor renovations, Brands in categories where differentiation Y is difficult. When it’s difficult to attract consumers interest in the brand, it becomes important to draw out a clear path that draws consumers out and this strategy is apt to achieve that goal which uses Core Idea as a key to create a scenario for effectively moving the target to action. This core idea is a campaign’s Central Theme, designed to capture consumer’s hearts, which expresses the allure, novelty and the power of the campaign in simple terms. THE MARKSMAN 16
  • 18. S P E C Her friend Anita from work came up Why Brands love to her one day and asked her, I those “Big Mouths” “Why do you look so stressed Lalitha. What’s the matter?” She A Lalitha, a 27 year old recently got explained the anxiety she was recruited in one of the biggest feeling because of moving away L MNCs as the HR Head in the from home and her family and financial capital of India, Mumbai. living in such a big city all by S Born and brought up in Darjeeling, herself. Anita told her, “Hey, it’s Lalitha was going through a bit of alright! This city can make anyone T a culture shock when she came to feel lonely. I and a couple of friends live in Mumbai. The extremely fast are going to spend our day off O paced life of this city was tomorrow at the Sva Spa and beginning to give Lalitha the Salon. It’s the best spa in this city R Heebie - jeebies. Being an and a day spent there will get you introvert and it being her first time all relaxed. You should join us.” Y in a big city like Mumbai, Lalitha Lalitha instantly agreed since she started feeling a little left out. needed some time off to pamper herself. The day after the visit to the Salon, Lalitha felt like a new person. She thanked Anita for this wonderful recommendation. + 5 Points for Sva Spa and Salon 17 JANUARY 2013
  • 19. SPECIAL STORY Months passed by and Lalitha was now getting in tune with the hustle and bustle of this city. Over the months, she had become good friends with her neighbours, all of them within the same age group. Preeti, one of her neighbours, once came over to her house and told Lalitha, “I went to see the movie Life of Pi yesterday. It was a brilliantly made film and you should definitely not miss this one. But don’t go to Cinemax in Wadala. The sound and the 3D effects of the theatre spoiled my movie experience completely.” + 5 Points for Life of Pi -5 Points for CineMax Being relatively new to this city, every time Lalitha was confused about something like a good restaurant to eat at or a good place to shop from or a good coffee place to go to and spend time alone at, she would turn to her friends, colleagues or neighbours for a recommendation since she knew they would tell her the right place to be at and the places to avoid. +5’s for all those good recommendations and -5’s to all the bad ones! So why exactly are we rating these places and giving them these points? It’s nothing but what the marketers proudly call ‘Word-of-Mouth marketing’. The oldest and the most precious form their brand in any part of the country of marketing for any company, Word- could hamper their brand and affect of-Mouth (WOM) marketing has grown their sales. to become an important part of the marketing plan of a brand. Since its inception in the form of Storytelling, WOM marketing has become more than just that. With the digital platform becoming the ‘next big thing’, consumers now have the power to voice their opinions about the brands that they use on various social networking websites, over the telephone, via emails and various other ways. Brands are becoming increasingly aware of this Empowered Consumer and have therefore become very cautious in every marketing move they make. One bad thing said about THE MARKSMAN 18
  • 20. SPECIAL STORY So why is Word of Mouth marketing becoming so important especially in a country like India? Indians are known to live in a very closely knit society. All the people living in one locality may belong to different cultures yet when it comes to choosing a product or a particular brand they listen closely to what the others living around them have to say about those brands. Trust plays a very important role while choosing any particular brand. A ‘Brand’ for an Indian consumer represents a trust mark and guarantee for value for money. Hence if recommended by a close friend, peer, colleague (word of mouth), the consumer is more likely to choose that brand over others. A recent survey showed that more than 70% of the consumers in India tend to consider recommendations from their friends and colleagues before buying any brand. Brands recognise the importance of the use of Social Media as a tool for Word-of-Mouth marketing We have come into a great era where a brand has moved from an intangible thing to a tangible and measurable entity as we enter into the digital age and the smart phones age. Increase in the use of the digital platforms and the use of smart phones has literally given the future of all the brands in the hands of the consumer. Hence, every brand recognises the importance of keeping their consumers happy and satisfied. Getting the feedback from their consumers has become as important as planning the right market strategy. And this is where social media plays a very important role. As rightly quoted by the famous Author Andy Sernovitz, ‘A happy customer is the greatest advertisement’ 19 JANUARY 2013
  • 21. SPECIAL STORY Here’s how Word-of-mouth marketing has evolved over the years Word of mouth 1.0 Word of mouth 3.0 Word of mouth used to revolve More recently, brands have started to around the idea that one put their business in the hands of the satisfied customer goes and consumer. Affiliate selling has moved tells friends and family about the from agencies pushing out links to service that he has received. drive sales to consumers becoming the curators of their own websites. They recommend and share Word of mouth 2.0 products on a variety of platforms, Brands then capitalised on the whether that is through virtual stores, potential of word of mouth apps or online store fronts, and earn marketing by developing strategies rewards, points and cash. to actively gain brand advocates and set up affiliate models of selling, rather than simply using paid-for advertising. The rise of online shopping, comparison and review sites, social media, and experiential marketing all helped the spread of word of mouth. So what is the future of Word-of-Mouth marketing Also making use of the full potential of Social media, a brand can become in India? a consumer’s favourite in a matter of a few months. Even though newer and better ways of marketing have As long as the Indian consumers been found a marketer should not continue to trust the opinions of forget the effectiveness of something their friends and family for making as basic as Word-of-Mouth their purchase decisions, brands marketing. After all life is all about will have to ensure that they keep going back to your roots and this working hard towards gaining all form of marketing is nothing but the those +5 points from every single roots or as we like to call it the consumer that they come across. beginning of marketing. THE MARKSMAN 20
  • 22. FEATURED ARTICLES If one was to relate these verses of Nishkam Karma Yoga from Bhagwad Gita to contemporary corporate landscape, there would sure be a mention of Mr. Ratan Tata, the doyen of Indian Business. Things were different when Ratan Tata was handed down the baton of the Tata Group by JRD from what they are now when he goes on to do the same to Cyrus Mistry. One thing that hasn’t changed – Tata stepped into the shoes of a giant in 1991. His successor will do likewise. When Ratan Tata took over the reins of group, he had the challenges of fire- fighting the group’s satraps, coordinating and streamlining the diverse activities of over hundred diverse holdings into a cohesive group in the turbulent times of 1991 economic liberalization and most importantly, reasserting the Tata alchemy of values like trust and commitment. Though the succession was fraught with various issues, his stellar performance as a leader and visionary made the Group’s fortune grow over 20 times in his 20 years at the helm. While the successor is the first in the lineage to not have a Tata surname, it’s all still in the family. With the Jewel (Read: Ratan) passing on the crown of the salt-to- software conglomerate to his successor Cyrus Mistry, the latter sure has his task cut out for him. Ratan Tata transformed the launching the world’s cheapest car, respected, predominantly domestic Nano on the other. With the leadership Tata Group into an internationally now changed, Mistry needs to recognized House of Brands. The strategize on holding firm the $100 enterprising chairman picked up the billion business empire, the big getting iconic Jaguar and Land Rover bigger on account of over $20 billion of marques on one hand, while deals in 2000s by Ratan. 21 JANUARY 2013
  • 23. FEATURED ARTICLES The ill-timed purchase of Corus, capital locked up in a mega power project facing coal supply issues, the telecom arm mired in telecom industry’s regulation and price wars of competitors and the ambitious cheapest car project yet to strike the chord for revenue realization will keep Mistry busy in strengthening the top line. While the Corus and JLR deal led to a $14 billion debt While the brand Tata is a burden, Corus is financially a separate entity force to reckon with, there from Tata Steel and hence the impact could is a need to read into the be arrested. However, there is a need to numbers of the graphs discipline flirting with ambitious takeovers in times of volatile economic environment. The slowdown in the West can have an undesirable impact on Tata's revenues. In this background, Tata Group may be seen having lesser radical moves in the coming decade than it did in the previous stint of chairmanship. to hold up the core values of trust, integrity and commitment to community service. In the harsh world of international competition, the Nevertheless, once the group may face increased pressures to scene recovers in the long relook the community aspect since term, there are various businesses are there to generate profits for spheres where the new its charitable trusts (Tata Sons) to distribute, Chairman could think of rather than to be charities themselves. taking the Tata brand bigger The task the new leadership faces is every like the Retail (Trent Ltd., bit as great as that faced by Ratan Tata Croma, Tata Starbucks and when he first took office; he will have to Star Bazaar) and the perform a delicate balancing act by building Aviation (there was a on the values and reputation bequeathed, previous unsuccessful while at the same time translating those attempt of tie-up with values into a tangible economic form of Singapore airlines) with FDI business competitiveness. One can sure being opened up. hope for the Tatas to keep going strong as Meanwhile, there is a need ever, even without a Tata at the helm. THE MARKSMAN 25 22 January 2013
  • 24. FEATURED ARTICLES Brand Tendulkar: Will it sustain post his retirement - Ghanendra Singh, IIM Indore Sachin Tendulkar the name which does attributes which have made this not require any further introduction and brand one of the most trusted brand that has gone beyond cricket to such a in the country and all over the world. level that cricket has become religion in His unquestionable ability and India and Sachin is the only god of that remarkable longevity has made him religion. His iconic personality and the face of more than 25 brands in splendid performances took cricket to a his 23 years career. He charges whole new level and he was one of the between 9-10 crores for one reasons for a huge follower base for endorsement, is currently earning cricket in India. To be like him is the around Rs. 200 crores annually aspiration of many players and dream through these endorsements and is of many youngsters. holding around 17 endorsements Every brand has its own core identity products and in Brand Tendulkar determination, perseverance, durability, confidence, So what will happen to Brand maturity, excellence are the Tendulkar, after his retirement? In short term, definitely there will be some impact on the brand Tendulkar as brand will pass through the repositioning phase. Earlier, brands which targeted youth and used attributes like energy and agility to attract the target group will lose their interest in brand Tendulkar and will go away but brands which stand for 23 JANUARY 2013
  • 25. FEATURED ARTICLES durability, tradition, excellence and are endorsed brands and will get required to be trusted by consumers converted into a niche brand. It will will rope in Tendulkar as their develop the attributes of elegance, endorser. To associate with Brand style, sophistication and great trust. Tendulkar, Companies will focus more It will be the perfect choice for on his personal attributes and interests companies which are perceived as and his past performances will no premium and enjoy a high brand longer attract the marketers. For value and strong brand equity in example, Sachin’s fondness for trendy market. Although the number of cars, stylish watches and apparels is endorsement per year will surely well known and companies based on decrease but Tendulkar as a brand these kind of products will try to cash will strengthen its place in the in on the opportunity. market. One more dimension which is also interesting and will impact the Brand Tendulkar in the long run is the stance he will take, after retiring from all formats of cricket. Will he remain attached to cricket by way of other roles like commentator, umpire or coach or will we see him in the parliament as our leader or will we see him as a social worker or does he have other plans. So Brand In long term the brand will pass Tendulkar still depends on him and through the transition phase from his future steps will decide his brand young, energetic brand to credible, position in a better way. reliable and classy brand. As his fans Definitely with time Brand Tendulkar and followers will not be able to see will sustain and will maintain the him regularly as he would not be aura around it. And with time it will accessible to the public as he was be able to convert itself into a earlier, the only way people can premium personality brand. consume this brand will be through interviews, guest appearances in cricket matches and brand endorsements. This will create a huge opportunity for different brands to use this iconic brand. With time Tendulkar as a brand will stand out from rest of the sportsman THE MARKSMAN 24
  • 26. REWIND 8TH SIMSR Global Marketing Conference The 8th SIMSR Global Marketing Conference was conducted by SIMSR, in collaboration with its academic partners- College Of Business & Public Administration California State University San Bernardino, USA; Xiamen University China; The Management University of Africa. It was a two day marketing fiesta held on the 4th and 5th of January 2013.This marketing conclave played host to industry czars and academicians and research scholars who shared their papers on diverse subjects. The theme this year was “Marketing Metamorphosis Transforming Lives … Nurturing Lifestyles”, equating marketing to the butterfly effect, where an insignificant action may actually snowball into great extraordinary results. A dance video from Korea reached millions of viewers and turn into an incomprehensible hit, social networking media emerged from just being networking sites. All these changes were what we need to adapt to with an evolving change in the dynamic marketing arena. DAY I – Day one began with the Keynote Speaker Shri Sameer Satpathy, Vice President, Marketing, Marico India and Shri Tarun Chauhan, Managing Partner, JWT, Mumbai, who shared inaugurated the events and their worldly insights. Soon we moved onto our tracks which consisted of various themes like Social Media, E- Commerce, Retail Management, Consumer Behavior, Integrated Marketing Communications and many more. The researcher presenters ranged from professors, to students to academicians. 25 JANUARY 2013
  • 27. REWIND DAY II - The second day was abuzz with a few more tracks to go and the much awaited panel discussion. The panel discussion was graced by revered panelist from across diverse fields like  Mr Sanjay Arun Kawale - Marketing Group,  Senior Expert, Director of ZTE India Wire line  Mrs. Feng Yuan - ICBC Bank, Mumbai Branch  Mr Shui Bo - China Shipping India Pvt Ltd  Dr Satyendra Upadhyay - Consultant ( India China Trade Relations ) & Professor of Chinese Language  Mr Sanjiv Sarin : Regional President of South Asia, Tata Global Beverages Limited, Bengaluru, India  Mr Sudhakar Desai : Vice President – Risk Management & Director Bunge International. The main theme for the Panel Discussion was Doing Business in Asia, where our respected guests shared their opinions on the future of marketing the contrast and as well the similarities between the Asian markets. It highlighted various changes that marketing will witness and how we need to adapt ourselves to it. These two days were packed with learning’s and wisdom shared by all a part of this event. There was never a dull moment with panel discussions, presentations, lectures and think tanks help our gain meaningful vision. THE MARKSMAN 26
  • 28. TETE-A-TETE Corporate Interaction With Mr. Ajay Rawal National Marketing Head, JK Ansell , a Raymonds Group Venture Mr. Ajay Rawal has a unique combination of Rx, OTC and FMCG experience helpful in fostering implementation of customer-centric and growth-driven brand development initiatives to fortify business He is recognized for boosting sales and bottom-lines. He has been awarded several times for creative thinking and superior results. He has launched well known brands with FMCG orientation. His prior experience includes working with companies like Paras Pharma, Novartis, IPCA Laboratories, Lupin Laboratories etc. He is currently the national marketing head with J K Ansell, a Raymonds Group Venture. He recently visited K.J.Somaiya Institute of Management Studies and Research and gave us his useful insights into the world of Marketing. Here are a few excerpts from his interview: How has your professional journey been so far? That is a very interesting question to answer from where I am today. I started my career in sales in 90s. It was by sheer serendipity that I landed into a sales assignment at Lupin Laboratories 27 JANUARY 2013
  • 29. TETE-A-TETE It was then, when I happened to see the brand managers coming in for meetings, that I realized that I could do something more than mere sales and I inquired my chances of enteringinto a marketing assignment as it looked very glamorous to me then; which it isn’t now. Today I would say that it is extremely essential for each one of us to realize what one is passionate about, it is important to understand your SWOT analysis before venturing into a new arena. Perhaps this one thing is not really taught in the institutes. Following my passion, I pursued my MBA and then my 1st assignment was with IPCA Laboratories in prescription marketing. Marketing after sales helped me appreciate better, while making strategies how would you actually implement it in the market through the sales force. You need to have a proper understanding about how all the partners in the channel work. I then delved into consumer marketing (OTC). Then a major tenure of my career was at Novartis wherein I had an opportunity to launch Calcium Sandoz woman right from the scratch, right from the idea of the brand to the packaging. After which I launched Calcium Sandoz soft chew, wherein the challenge was to enable kids to consume the tablets. For all practical purposes there are two factors which work, how do you enhance the penetration and the number of people who consume your brand multiplied by consumption. I then had an interesting stint with PARAS pharmaceuticals which has brands like moov, itchguard, setwet, livon, krack etc. And in just three years and a half we really enhanced the business value by almost 200% returns in 30 months wherein moov was one of the brands to touch a value of 100 crores in 2 years from a value of 68 crores which I had taken up as a personal objective. According to me, this would be an interesting case study. I then moved to Mumbai with J K Ansellwhich is into the medical as well as consumer business, the entity being a 50-50 JV between Raymonds and Ansell of Australia, a leader in barrier protection globally. The major brand that we have is Kamasutra Condom and KS Deodorants. What is surprising to note is that our business of deodorants is actually larger than the condom business, the way the line has grown. We have grown our products with a belief “experiencing is believing”. Apart from this, I teach courses like Brand Management, OTC, CRM in various B- schools. Well, that is about my journey. THE MARKSMAN 28
  • 30. TETE-A-TETE What are the factors that you look into before diversifying into a totally new arena? The 1st and most important research perspective is whether the category would be received well by the consumers or not. However the other perspective is that research is always under test conditions. So, many a times research might not be the perfect solution. For instance, when the concept of ATM machine was checked with consumers, it was an outright failure! So, research is not the only solution, customer understanding is paramount. I would say that there are five basic pillars herein. The 1st being product formulation, you should be able to give the consumer what they really desire. 2nd would be understanding the consumer psychology, whether the brand of the product would be received well by them. 3rd and the most critical pillar would be distribution ability. For instance, India has 85 lac FMCG outlets out of which there are 42 lac grocers, 19 lac pan plus outlets and 5 lac chemists. So, the challenge is how far can you effectively reach and distribute. The 4th pillar is the sales force as there is a cost for everything. And last but not the least is the level of advertisement as everything starts with awareness. Keeping the mentioned points in mind and given the differences between Raymonds and K S Energy Drinks, what unites us are our core values. We believe that anything that encompasses our core values can be launched. Keeping this in mind we have recently launched K S Energy Drinks currently available in four cities i.e. Mumbai, Pune, Hyderabad and Bangalore. I would say that it is not a competition to Red Bull and the others but is instead creating a niche segment. We have got a good understanding and have developed a very good product. According to me it is the best packaging available as far as any energy drink is concerned globally. According to you, is sales a pre requisite to marketing? In marketing you have to devise a strategy and then implement the strategy. An interesting analogy that I would like to quote is that you read a book and jump into the swimming pool. 29 JANUARY 2013
  • 31. TETE-A-TETE Or, you go through a process of learning how to float, moving your legs and learning over a couple of days. So, getting into marketing right away is the 1st one and getting into marketing after sales is the 2nd one. The reason is simple. You 1st need to understand how the sales force works, what is the type of market, what are the retailer’s norms and demands and what is the manner in which the distributor works. Without this basic information the chances of success are bleak. How much of the marketing concepts that we are taught in the class room actually used in the industry? They are definitely used however it depends on the endeavour of the people in the industry to use those concepts. For instance the BDI / CDI analysis, PLC, BCG Matrix etc. enable you to appreciate various marketing parameters. So, there is definitely some relevance. However what is unfortunate is that a lot of people do not really devote their time and effort as they take these concepts for granted. Though the executive judgement method would still be the sole determinant but the concepts always play a vital role in any organization. What is the message that you would like to convey to the marketing aspirants in college? There are two basic factors I would like to stress on. 1st and foremost being what is it that you really want to do. What is the nature of work that you would be very keen to do? As glamorous as marketing seems to be, actually it might not be so. Secondly, marketing is actually a left brain and right brain opportunity. Hence you need to be both, analytical as well as creative. It is important that you do a SWOT analysis of yourself that would help you appreciate your strengths and weaknesses. THE MARKSMAN 30
  • 32. BOOKWORM TWEETS All Marketers Tell Stories By Seth Godin This book which comes from the marketing guru and entrepreneur, Seth Godin,was a 2005 release, in which he says how all marketers lie and the more believable ones are those who actually sell their product. The author has been a regular blogger and has popular insights about marketing. The idea for this book came to him during the 2004 US presidential elections. He states that both the sides spun lies, however, the more believable ones won. His holistic view on marketing is that if you want to promote your product or service in this environment where television marketing radio marketing if there are not working since it’s a amass media marketing tools. Seth talks about the idea that in order to differentiate your product, you need to weave a great story to sell your product. Here you don’t need to focus on the product features and benefits. Some of the examples that he uses are 80,000 Porsche, it’s the same exact car as a 30000 Volkswagen , but the reason people buy it is because of the story frame surrounding it. Great stories and not ideas, features and benefits are what spread from person to person, people like to tell stories and not product and features. The next idea is of a world view. When you think of mass marketing they are not focusing on individual world view, and that’s why today in this environment when we have so many choices, we need to focus on individuals. Then ironically he talks about authenticity, where he says that if you are going to tell a great story marketers need to stick to it, thereby moving from a fib to fraud. This book will help you and will impart a lot of information. This 210 pages book is a quick read to impact a business and will help in this eclectic marketing environment. It has a persuasive story with vivid examples .This is for a marketer looking to differentiate his story and understand his customers better. 31 JANUARY 2013
  • 34. BUZZ THE CROSSWORD ACROSS 1. What is the name of the travel guide, anyone can edit, started by Wikipedia ? 3. Which brand has become the world’s largest selling PC brand by beating HP ? 4. Name this legendary music retail brand which was opened on London’s Oxford Street by Edward Elgar in 1921. It is about to be closed down. 7. Dialogues from which Tarantino movie have inspired the words of the Idea jingle “u r my pumpkin, pumpkin, hunny bunny” ? THE CLUES DOWN 1. Name the oldest Swiss bank shut down recently. 2. Which is the worlds largest PR firm, headquartered in London ? 5. Which Indian company has been nominated for the notorious Public Eye Awards for worst company worldwide for protection of human rights and environment ? 6. India’s first sugar plant was set up in 1842 in Nellikuppam, Tamil Nadu. Which company owns this plant now ? 8. From which company has Soft and Gentle brand been acquired by 8. Colgate 6. EIDParry 7.PulpFiction Godrej in UK ? 5. CoalIndia 3. Lenovo 4. HMV 2. Edelman 1A. Wikivoyage 1D. Wegelin 33 JANUARY 2013
  • 35. CALL FOR ARTICLES February 2013 Articles can be sent on any one of the following topics*: 1. RIM rebrands to BlackBerry with launch of BlackBerry 10 : How does the future look? 2. The Graph search - Facebook's intelligent step 3. Is creativity losing its edge on the data driven marketing today? *Please ensure that there is no plagiarism and all references are clearly mentioned 1. One article can have only one author. 2. Your article should be from 500-600 words and MUST be replete with relevant pictures that can be used to enhance your article. 3. Send in your articles in .doc/.docxformat with font size 11 (Arial) to: interface.newsletter@gmail.com 4. Subject Line: Your Name_InstituteName_CourseYear. 5. Kindly name your file as: Your Name_Topic The best adjudged article will be given a winner's certificate. Deadline for submission of the articles: 11:59 PM , 20 January 2013. THE MARKSMAN 34
  • 36. To subscribe to "The Marksman", Follow the link:-http://interfacesimsr.com/the- marksman.html OR drop in a mail/contact us at : interface.newsletter@gmail.com Subject line: Subscribe: Your Name_Institute Name_Course Year THE TEAM COVER STORY SPECIAL STORY It’s all about AD-itude Richa Garg Meeta Khatri Priyam Prasad SquAreheaD Brand MARK ive BOOKWORM Tavishi Agrawal Vivek Misra Smriti Sudish TWEETS BUZZ PROMOTIONS Mandar Dongre Nishant Singla Nishant Singla Mandar Dongre Hall-MARK PROOF READ DESIGNING Campaigns Roma Sehgal Richa Garg Vivek Misra Divya Damera REWIND Nishant Singla Smriti Sudish TETE-a-TETE Priyam Prasad Follow us at: Website: http://www.facebook.com/simsr.interface http://interfacesimsr.com/the- https://twitter.com/Marksmansimsr marksman.html http://interfacenewsletter.wordpress.com 35 JANUARY 2013